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618-277-4400

Multi-Family Investment

$300,000

Listing Resources

Listing Description

Two multi-family duplexes with 8 parking space covered carport built in 2000. Month to month leases in place with long term tenants. Tenant improvement include: roof replacement in 2012, (3) hot water tanks replaced in 2017, 2020, and 2022, refrigerator and stove replaced in 2020 and dish washer and fan motor replaced in 2021. 

Listing price: $320,000

Listing Details

Listing No : 2896
Sale Or Lease : For Sale
Property Type(s) : Investment, Multi-Family
Building Size (Sqft) : 3,360 Sqft
Lot Size (Acres) : 1.10 Acre(s)
Sale Price : $300,000
Sale Price Per Sqft : $89.29
Sale Price Per Acre : $272,727
CAP Rate : 7.90%
NOI : $24,883
Building Total Sqft : 3,360 Sqft
Parcel No : 07-10.0-413-044 & 07-10.0-413-045
Zoning : SR3
Zoning By : St. Clair
Parking : 12
Parking Surface Type : Rocked
Property Tax : $7,217
Tax Year : 2022
Topography : Flat
Year Built : 2000
Roof : Shingles
Exterior : Mixed
Floors : 1
Acres : 1.10 Acre(s)
Frontage : 165 ft
Depth : 288.51 ft
Gross Rental Income : $35,880
Insurance : $2,508
Utilities : $1,272

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